State delaying full funding of pension plan for six months
by Ted Carter
Published: April 10,2011
Tags: Cavanaugh Macdonald Consulting, Pat Robertson, pension, Public Employees Retirement System, Public Retirement System, retirement, Tate Reeves
Legislators inserted funding in recently passed appropriations, including state’s full 12.9 percent contribution starting Jan. 1 Mississippi’s public employee retirement system took a hit this legislative session but not the full scale blow for which its managers had been bracing. The retirement system must wait six months for the state to begin handing over a [...]
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